Colombia's Gradualist Approach to Private Participation in Infrastructure
Like the model adopted by many Asian countries, the Colombian approach to private participation in infrastructure aims to attract project financing for new facilities, leaving most existing assets in state hands. While the approach has been success...
| Main Author: | |
|---|---|
| Format: | Viewpoint |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/1997/05/694830/colombias-gradualist-approach-private-participation-infrastructure http://hdl.handle.net/10986/11587 |
| id |
okr-10986-11587 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-115872021-06-14T11:04:29Z Colombia's Gradualist Approach to Private Participation in Infrastructure Gray, Philip ACTIONS ASSETS CENTRAL GOVERNMENT CREDITWORTHINESS ELECTRICITY LACK OF CLARITY LEGAL AUTHORITY LOAN FINANCE MINISTERS MUNICIPALITIES MUNICIPALITY POLITICAL INTERFERENCE PORTS PRIVATE OWNERSHIP PRIVATE SECTOR PRIVATIZATION PRODUCTIVITY PROJECT FINANCE PUBLIC OWNERSHIP PUBLIC SECTOR PUBLIC SERVICES REGULATORY BODIES REGULATORY FRAMEWORK REGULATORY SYSTEM REVENUE GUARANTEES ROADS SEWERAGE SERVICES STATE ENTERPRISES TELECOMMUNICATIONS TELEPHONE SERVICES TRADE UNIONS UTILITIES INFRASTRUCTURE PRIVATE INVESTMENTS PRIVATE SECTOR Like the model adopted by many Asian countries, the Colombian approach to private participation in infrastructure aims to attract project financing for new facilities, leaving most existing assets in state hands. While the approach has been successful on attracting substantial private capital to Colombia, it has been less successful in delivering the potential efficiency gains or the reforms that will ensure that assets remain private and that private sector actions are constrained by the stable set of rules and regulations. Recently, Colombia has moved toward the model adopted by other countries on Latin America -- privatizing existing assets -- a policy likely to provide a more enduring basis for reform. 2012-08-13T15:28:11Z 2012-08-13T15:28:11Z 1997-05 http://documents.worldbank.org/curated/en/1997/05/694830/colombias-gradualist-approach-private-participation-infrastructure http://hdl.handle.net/10986/11587 English Viewpoint: Public Policy for the Private Sector; Note No. 113 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACTIONS ASSETS CENTRAL GOVERNMENT CREDITWORTHINESS ELECTRICITY LACK OF CLARITY LEGAL AUTHORITY LOAN FINANCE MINISTERS MUNICIPALITIES MUNICIPALITY POLITICAL INTERFERENCE PORTS PRIVATE OWNERSHIP PRIVATE SECTOR PRIVATIZATION PRODUCTIVITY PROJECT FINANCE PUBLIC OWNERSHIP PUBLIC SECTOR PUBLIC SERVICES REGULATORY BODIES REGULATORY FRAMEWORK REGULATORY SYSTEM REVENUE GUARANTEES ROADS SEWERAGE SERVICES STATE ENTERPRISES TELECOMMUNICATIONS TELEPHONE SERVICES TRADE UNIONS UTILITIES INFRASTRUCTURE PRIVATE INVESTMENTS PRIVATE SECTOR |
| spellingShingle |
ACTIONS ASSETS CENTRAL GOVERNMENT CREDITWORTHINESS ELECTRICITY LACK OF CLARITY LEGAL AUTHORITY LOAN FINANCE MINISTERS MUNICIPALITIES MUNICIPALITY POLITICAL INTERFERENCE PORTS PRIVATE OWNERSHIP PRIVATE SECTOR PRIVATIZATION PRODUCTIVITY PROJECT FINANCE PUBLIC OWNERSHIP PUBLIC SECTOR PUBLIC SERVICES REGULATORY BODIES REGULATORY FRAMEWORK REGULATORY SYSTEM REVENUE GUARANTEES ROADS SEWERAGE SERVICES STATE ENTERPRISES TELECOMMUNICATIONS TELEPHONE SERVICES TRADE UNIONS UTILITIES INFRASTRUCTURE PRIVATE INVESTMENTS PRIVATE SECTOR Gray, Philip Colombia's Gradualist Approach to Private Participation in Infrastructure |
| relation |
Viewpoint: Public Policy for the Private Sector; Note No. 113 |
| description |
Like the model adopted by many Asian
countries, the Colombian approach to private participation
in infrastructure aims to attract project financing for new
facilities, leaving most existing assets in state hands.
While the approach has been successful on attracting
substantial private capital to Colombia, it has been less
successful in delivering the potential efficiency gains or
the reforms that will ensure that assets remain private and
that private sector actions are constrained by the stable
set of rules and regulations. Recently, Colombia has moved
toward the model adopted by other countries on Latin America
-- privatizing existing assets -- a policy likely to provide
a more enduring basis for reform. |
| format |
Publications & Research :: Viewpoint |
| author |
Gray, Philip |
| author_facet |
Gray, Philip |
| author_sort |
Gray, Philip |
| title |
Colombia's Gradualist Approach to Private Participation in Infrastructure |
| title_short |
Colombia's Gradualist Approach to Private Participation in Infrastructure |
| title_full |
Colombia's Gradualist Approach to Private Participation in Infrastructure |
| title_fullStr |
Colombia's Gradualist Approach to Private Participation in Infrastructure |
| title_full_unstemmed |
Colombia's Gradualist Approach to Private Participation in Infrastructure |
| title_sort |
colombia's gradualist approach to private participation in infrastructure |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/1997/05/694830/colombias-gradualist-approach-private-participation-infrastructure http://hdl.handle.net/10986/11587 |
| _version_ |
1764417272814764032 |